The former CEO stepped down and took a brief ‘sabbatical’ in February, replaced by co-CEOs in April
Ziglu’s founder and CEO Mark Hipperson has returned to the crypto-focused neobank, this time in the role of executive chairman.
Hipperson resigned in February, saying in a LinkedIn post that he would move to supporting the company as a director and shareholder.
Taking to LinkedIn once again, Hipperson shared news that he will be returning following a “brief ‘sabbatical’ and a successful Q2 fundraise” and noted some changes to the new team, including new co-CEOs.
“We've refreshed both the Board and the executive team, bidding farewell to some incredible individuals who have been with us since the beginning,” Hipperson
“I extend my best wishes to them on their future endeavours. We have also welcomed back some familiar faces with lots of experience to help support our growth.”
Ziglu did not respond to AltFi’s request for comment regarding the fundraise or change in the board and executive team at the time of publication.
Kevin Hanley and Mark Jenkinson joined the company as co-CEOs in April, according to LinkedIn.
Hanley was most recently head of innovation for NatWest Group, where he spent 13 years, and was previously head of service for Dutch private bank ABN AMRO and a partner at Accenture, where he spent 16 years.
Jenkinson joined from Chetwood Financial, which he co-founded alongside Andy Mielczarek in 2016 and served as chief operations officer and director of strategy. Prior to that, he was a partner at Capco and a consultant at Temenos.
In his post, Hipperson said Ziglu is gearing up to launch a suite of innovative financial investment products over the next six to nine months as it enters its next growth-focused phase.
He said the company is poised for “significant expansion”, leveraging its regulatory approvals in the UK and the EU following the recent implementation of the FCA financial promotions legislation.